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NetCents Technology draws nomination for blockchain company of year award

The Vancouver-based online payments processor will be recognized in Toronto at the fourth annual Canadian FinTech & AI Awards

Last month NetCents said it entered a joint agreement with a cryptocurrency company
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Online payments processor NetCents Technology Inc (CSE:NC) said Wednesday that it was “honoured” to be nominated by the Digital Finance Institute for its blockchain company of the year award.

More than 3,000 people from the banking, legal, finance, tech, startup and blockchain sectors are expected to attend the fourth annual Canadian FinTech & AI Awards on November 26 in Toronto.

READ: Coinbase exchange shakes up rules as it looks to boost cryptocurrency listings

“We’re honoured to receive this recognition and to be nominated for this prestigious award alongside such innovative companies, all of whom push the boundaries every day,” Clayton Moore, CEO at NetCents Technology, said.

Last month, NetCents said it had entered a joint agreement with cryptocurrency company Verge Currency. Under the agreement, NetCents will be a vendor for Verge, which will promote the NetCents platform through social media and marketing.

Shares of NetCents Technology climbed $0.02, or 1.6%, to $1.24 on Wednesday.

Contact Dennis Fitzgerald at [email protected]

Quick facts: NetCents

Price: 0.25 CAD

CSE:NC
Market: CSE
Market Cap: $13.22 m
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